Discover the top 5 essential crypto research tools for investors. Get hard to acquire information on news and chains – all from the comfort of your computer.
Investing in cryptocurrencies can be a thrilling and profitable venture. It’s definitely a venture that can have the highest of highs while also having the lowest of lows. Numerous investors have joined the industry in hopes of making it big in crypto.
However, the reality in crypto is that not all who join can make it big. While it is indeed an exciting venture, crypto is also a complex and ever-changing market. Volatile markets, so to speak.
What separates a successful crypto investor from the rest, is his tools to stay informed. To be a successful crypto investor, it’s important to stay informed and have access to the right tools that provide relevant insights and data. This article will introduce you to the top 5 crypto research tools every investor should use.
1. Dune Analytics: Analytics Dashboards
Dune Analytics is a powerful tool that provides crypto investors with visual representations of different metrics.
You can find freely available data from DeFi usage to app-specific dashboards, Dune makes it easy to understand complex data in a simple and intuitive way. With Dune, you can track key metrics and make informed investment decisions, so you can make educated investments on your next bull run.
2. Crypto Panic: News Aggregator
Crypto Panic is a comprehensive news aggregator that provides investors with the latest and most important news in the crypto world. As any informed investor knows, crypto markets are highly dependent on public sentiment. Public news and media have a stronghold on how the public views the reality they live in.
With its Reddit-like interface, users can sort news by “Important” to help filter the signal from the noise. Whether you’re a seasoned investor or just starting out, Crypto Panic is a must-use tool for staying up-to-date on all things crypto.
3. Uniwhale: Analytics Dashboard
Uniwhale is an analytics dashboard that allows investors to track bridge activity across different layer 1s. Layer 1’s holds a dominant narrative in these crypto-times, so it’s important to stay tuned to genuine data.
Whether you’re interested in Polygon (MATIC) or another blockchain, Uniwhale provides a wealth of data on deposits and withdrawals to help you better understand Layer 1 trends.
4. Santiment: Crypto Intelligence
Price charts are an important part of crypto investing, but they only tell part of the story. Santiment, also known as Sanbase, is a powerful crypto intelligence tool that combines price data with other key metrics, such as development activity and social trends.
Beginner investors make the crucial mistake of only looking at price. With Santiment, you can get a comprehensive view of the crypto market and make informed investment decisions.
5. Token Terminal: Crypto Financial Data
In a world where inflationary tokens and printed money are becoming the norm, it’s important for investors to focus on real revenue being generated.
Token Terminal is a crypto financial data tool that helps investors see which blockchains and dapps are making money. With Token Terminal, you can identify profitable investment opportunities and stay ahead of the curve in the crypto market.
Final Thoughts
In conclusion, these top 5 crypto research tools provide investors with the data, insights, and news they need to make informed investment decisions.
You might feel overwhelmed at first, so you can take your time with visiting and familiarizing yourself with one tool at a time. Integrating these tools into your daily research routine can greatly improve your tools as an investor, placing you as better than most crypto investors who are often late to big narratives.
Edmond is a passionate writer for Video games, GameFi and Web3. He has worked for top GameFi companies and video game/crypto news websites.
